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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Folly, Redditch is £498,393 and the estimated rental value is £1,859 per month.
The Folly, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
5, The Folly, Redditch has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, The Folly, Redditch is in very good condition we estimate a sale value of £523,313 and a rental value of £1,952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,506 and a rental value of £1,729 per month.
Over the last 12 months the sale value of 5 The Folly Redditch has increased by an estimated £1,284 (0.3%) and its rental value has increased by an estimated £46 per month (2.5%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 5, The Folly, Redditch sits on a plot of 516m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, The Folly, Redditch sits on the 2nd largest plot.
5, The Folly, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, The Folly, Redditch was last sold on 10th September 2004 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Folly, Redditch within a radius of 610 metres over the last 2 years.
The most recent example is 48, Mason Road, Redditch, B97 5DU, a freehold house which sold for £437,000 on the 11th March 2022.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Folly, Redditch, B97 has a total of 5 addresses. According to our analysis of all the public data, 5, The Folly, Redditch is the largest and the most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in B97.
The closest station to 5, The Folly, Redditch is Redditch station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Folly, Redditch, 89.5% of property is socially rented and 5.7% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, The Folly, Redditch, 10.1% of residents are recorded as possessing school level qualifications and 15.7% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, The Folly, Redditch, the average age was 43.5 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, The Folly, Redditch, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, The Folly, Redditch, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.